Ceres Power Holdings plc

Ceres Power Holdings plc (LSE: CWR) is a UK-based leading developer of clean energy technology, headquartered in Horsham, West Sussex, and listed on the London Stock Exchange as a constituent of the FTSE 250 Index. The company specialises in proprietary solid oxide fuel cell (SOFC) technology for power generation and solid oxide electrolyser cell (SOEC) technology for green hydrogen production, centred around its flagship SteelCell platform, which utilises a steel substrate for enhanced durability and cost efficiency. Rather than manufacturing directly, Ceres operates an asset-light licensing model, partnering with global industrial giants such as Bosch, Doosan, Delta, Denso, and Weichai to commercialise its technology across markets including data centres, commercial and industrial power, marine, and emissions-intensive industries such as steelmaking and ammonia production. Recognised with the LSE Green Economy Mark, the company generates the majority of its revenues from Asia, followed by Europe and North America, and employs approximately 478 staff with a market capitalisation of approximately £1.1 billion.